Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-16-Speech-3-159-000"
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"en.20111116.18.3-159-000"2
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"Mr President, the markets have withdrawn their confidence in the euro area, the bond spreads are widening, our economies are contracting, the Doom is almost upon us and here we are solemnly talking about these proposals massively to increase our debt and deficit and pour more money into this climate change project. It would be disastrous if we actually meant it, but of course what is really happening is an exercise in post-modern legislation: we are not using the law as an instrument of effecting real change; we are using the law as a way of showing what terribly nice people we are.
The rest of the world has made it clear that they have no intention of applying the targets being discussed at these UN conferences, but Europe still has this pious requirement that we pretend to mean it, even though we have no intention of implementing it.
Just ponder, though, that that might be why we are in this mess in the first place. Constantly using our constituents’ money – because MEPs generally are exempt from national taxation – to show what terribly concerned and decent human beings we are has landed our Continent in this debt crisis in the first place. More spending is not going to be the way out."@en1
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